Post
Topic
Board Altcoin Discussion
Re: Bitcoin making alts useless
by
VeLa.RE
on 11/05/2018, 04:43:58 UTC
We probably have multiple alts that one could consider as better version of bitcoin but as you're noticing, bitcoin is gaining more popularity and a fast growth. The price is not a measure of a coin success so what I'm referring to here is the the number of ATMs, exchanges, stores, services, and people accepting it.

So even If we have some people using alts currently because they believe they are better then bitcoin (which may be true), bitcoin is evolving and the development is super active and exciting times are coming. I honestly believe that this make alts useless (say, by the end of the year), your thoughts?

While it is true that a very high percentage of the alt coins are the same thing with just a few tweaks it is not true of all coins. There are several coins out there that have real solid use cases, for instance Phore. Not only does it make use of zero protocol, but it has a smart contract platform that allows decentralized applications to be created and ran on the Phore blockchain. Alt coins like these have real value and will not be rendered useless by bitcoin. Additionally, a lot of the alt coins that are pretty much just clones with a few minor tweaks are often used as hedges which is all thats needed to keep some of this crap alive lol.